Segment Information (Tables)

12 Months Ended

Dec. 31, 2016

The following table summarizes our information for reportable segments for the years ended December 31, 2016, 2015 and 2014 (in thousands):


	For the Years Ended December 31,
	2016		2015		2014
Operating income:
Florida
Revenues:
Homebuilding	$	373,383	$	300,260	$	193,218
Amenity and other		11,698		12,385		10,140
Land sales		3,116		6,466		18,158
Total revenues		388,197		319,111		221,516
Expenses:
Homebuilding cost of revenues		291,372		239,001		156,439
Homebuilding selling, general and administrative		46,113		38,500		24,388
Amenity and other		11,062		10,587		10,524
Land sales		770		823		10,316
Segment operating income	$	38,880	$	30,200	$	19,849

Carolinas
Revenues:
Homebuilding	$	238,549	$	114,277	$	1,288
Land sales		265		—		—
Total revenues		238,814		114,277		1,288
Expenses:
Homebuilding cost of revenues		205,348		95,232		1,183
Homebuilding selling, general and administrative		22,807		12,205		2,230
Land sales		289		—		—
Segment operating income (loss)	$	10,370	$	6,840	$	(2,125)

Arizona
Revenues:
Homebuilding	$	152,109	$	84,378	$	48,665
Amenity and other		—		—		6
Land sales		185		—		14,438
Total revenues		152,294		84,378		63,109
Expenses:
Homebuilding cost of revenues		128,751		71,305		41,261
Homebuilding selling, general and administrative		14,994		11,981		7,747
Amenity and other		86		115		425
Land sales		171		—		11,688
Segment operating income	$	8,292	$	977	$	1,988

Operating income	$	57,542	$	38,017	$	19,712

Unallocated income (expenses):
Interest income and other		16		308		431
Corporate general and administrative expenses		(16,305)		(16,900)		(15,941)
Interest expense		(3,667)		(9,039)		(5,805)
Income (loss) before income taxes		37,586		12,386		(1,603)
Income tax expense (benefit)		(109,521)		436		—
Net income attributable to non-controlling interests		—		—		329
Net income (loss)	$	147,107	$	11,950	$	(1,932)